Drax pauses world’s largest Beccs project
Major biomass power generator says £2bn project cannot proceed without clarity on UK government support for technology
UK-headquartered Drax Power has paused a £2bn ($2.4bn) project to build the world’s largest bioenergy with CCS (Beccs) facility, citing a lack of clarity on UK government support for the technology. Drax operates 2.6GW of biomass-fired power generation at its plant in Yorkshire in the north of England, making it the country’s largest provider of dispatchable electricity supply. It has outlined plans to start installing CCS at the plant in 2024 with the aim to capture at least 8mn t/yr, making it potentially the world’s largest Beccs facility. The decision to pause the project comes after the UK government in its spring budget in March committed £20bn to support the deployment of CCS but made
Also in this section
10 January 2025
Global energy demand keeps rising, and digital technology will play a crucial role in both meeting that demand and doing so in a sustainable way
8 January 2025
If they are ambitious enough, NDCs can provide investable pathways to deliver each country’s energy transition and keep the world on track to limit global warming
2 January 2025
The hurdles standing in the way of rapid move away from fossil fuels are proving harder to clear than first thought
31 December 2024
Governments, developers, investors and lenders are keen to support and scale up cutting-edge energy transition projects, but funding such projects will require innovative financing and strategic collaboration